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Telstra Corporation Limited ( (AU:TLS) ) has shared an announcement.
Telstra Group Limited announced an update on its ongoing share buy-back program, with a total of 2,048,323 ordinary fully paid securities bought back on the previous day. This move is part of a broader strategy to manage capital efficiently and enhance shareholder value, reflecting the company’s commitment to returning capital to shareholders.
The most recent analyst rating on (AU:TLS) stock is a Hold with a A$4.80 price target. To see the full list of analyst forecasts on Telstra Corporation Limited stock, see the AU:TLS Stock Forecast page.
More about Telstra Corporation Limited
Telstra Group Limited operates in the telecommunications industry, providing a range of services including mobile, internet, and other communication solutions. It is a significant player in the Australian market, known for its extensive network coverage and technological advancements.
Average Trading Volume: 21,780,501
Technical Sentiment Signal: Buy
Current Market Cap: A$55.45B
For a thorough assessment of TLS stock, go to TipRanks’ Stock Analysis page.